Welcome to the Village Place Community
Are you interested in running in the Election?
There are four (4) positions up for election for VILLAGE PLACE Community Association Board of Directors at the 2018 Annual Meeting to be held on Monday, Oct. 22 at 6:00 o’clock p.m.
Fiduciary Relationship and Responsibility - The members of the board of directors and each officer of the association have a fiduciary relationship with the members of the association. This fiduciary relationship imposes obligations of trust and confidence in favor of the corporation and its members. It requires the members of the board to act in good faith and in the best interests of the members of the association. It means that board members must exercise due care and diligence when acting for the community, and it requires them to act within the scope of their authority.
The fact that the association is a not-for-profit corporation, or that the members of the board are volunteers and unpaid, does not relieve them from the high standards of trust and responsibility that the fiduciary relationship requires. When a member accepts a position on the board of directors, he or she is presumed to have knowledge of the duties and responsibilities of a board member. Board members cannot be excused from improper action on the grounds of ignorance or inexperience and liability of board members for negligence and mismanagement exists in favor of the association and the property owners.
Each board member must recognize the fiduciary relationship and the responsibilities that the board has to the association and each of its members. The board’s duties must be performed with the care and responsibility that an ordinary prudent person would exercise under similar circumstances, and the ultimate responsibilities of these unique positions cannot be delegated to a manager, a management company or other third party.
The deadline for nominations is September 17th as stated in the recent postcard mail-out. Please email a ½ page Biography to the community manager, Linda Hermon, at Linda.Hermon@crest-management.com stating your interest and qualifications to serve in a (2) year term position.
Eligibility - To qualify for election as an officer or director of the VILLAGE PLACE Community Association one must be a Property Owner and has not been convicted of a felony or crime involving moral turpitude.
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The next Village Place Homeowners Association Board meeting will be held at 7:30 PM on WEDNESDAY September 26, 2018, at the Clubhouse. All residents are welcome to attend.
For purposes of efficiency, each resident should limit presentation and discussion time to 3 minutes. Residents who have individual issues (i.e. deed restriction violations, etc.) are urged to contact the Board directly outside of the meeting.